ALK 4.26% 49.0¢ alkane resources limited

Best Penny Stocks Under $3, page-2

  1. 569 Posts.
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    Another mention of ALK on a US website, much the same type of comments but does show there is interest elsewhere.

    https://investorplace.com/2022/11/7-penny-stocks-to-buy-to-retire-a-millionaire/

    Alkane Resources (ALKEF)Source: Shutterstock Founded in 1969, Alkane Resources (OTCMKTS:ALKEF) calls the “Land Down Under” home. According to its website, Alkane is poised to become Australia’s next multi-mine gold producer. Although it features projects throughout the country, management focuses predominantly on the New South Wales region.As of this writing, Alkane carries a market cap of $395.2 million AUD or about $257.4 million. ALKEF trades hands for 41 cents a share. Against the January opener, the stock dropped almost 39% in equity value. However, in the trailing five days, ALKEF popped up over 10%, reflecting a possible bullish resurgence.On the financials, Alkane is arguably best known for its revenue trend. Its three-year sales growth rate stands at 20.8%, beating out 79% of its competitors. Also, the company delivers on the bottom line, particularly with a net margin of 42.6%. This stat ranks above 93% of the industry. Finally, Alkane enjoys a return on equity of nearly 30%, reflecting a very high-quality business. So, don’t let the cheap price fool you. ALKEF may be one of the hidden gems among penny stocks.

    Last edited by RabbitTrap: 12/11/22
 
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Last
49.0¢
Change
0.020(4.26%)
Mkt cap ! $296.4M
Open High Low Value Volume
47.5¢ 49.5¢ 47.5¢ $239.5K 493.5K

Buyers (Bids)

No. Vol. Price($)
3 31340 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 2793 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ALK (ASX) Chart
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